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- December 26 is traditionally one of the biggest shopping days of the year
- Many retailers restock their shelves after Christmas in anticipation of shoppers coming in to redeem gift cards
- Holiday season revenue dropped steeply during the 2008 financial crisis
- A relatively strengthened economy may mean fewer after-Christmas deals in 2009
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After Christmas sales are typically the best time to get deeply discounted merchandise, since retailers mark down items that haven't sold during the Christmas rush in order to get them off the shelves by the new year. The 2008 financial crisis saw stores marking down items as early as November in an effort to stimulate the sluggish retail economy.CNN: Sharp decline seen in holiday shoppers In 2009, retail sales were reported to have strengthened, suggesting that the coming holiday shopping season would be more typical.
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Post-Christmas Store Sales
Retailer J.C. Penney, which planned to open store doors at 5:30 a.m. on December 26, 2008, was expected to offer 100 door-buster specials, including deep discounts of up to 60% on selected clothing.US News and World Report: Where to Find...Post-Christmas SalesToys R Us stores were expected to offer hefty discounts as well, including 75% off a 1.60 Scale X-Trek Pro 15' Race Track Set and 50% off Hannah Montana dolls.US News and World Report: Where to Find...Post-Christmas Sales
Other major retailers planning big post-Christmas sales included Wal-Mart, Barnes & Noble, Circuit City and Neiman Marcus.US News and World Report: Where to Find...Post-Christmas Sales
Get the Best Deals This Holiday
Money may be tight, but there are still good deals to be had on the hottest toys and best gifts. Slow pre-Christmas sales mean even better deals after the holidays, as retailers struggle to move merchandise before the year's end. Let their loss be your gain by postponing big spending until after Christmas. Some retailers are also offering hefty bonuses for shopping during the holidays; redeem gift cards and promotional balances after Christmas on heavily discounted items to get the best deals.-
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After Christmas Sales Questions
Best day after Christmas sales? 2 AnswersHere are a few places you can expect to find great post-holiday sales: Target- promotions of up to 75% off on select clothing, furniture, electronics, holid... read more
How do I find after Christmas Specials at Wal-Mart? 1 AnswerThis article from US News mentions Walmart's after Christmas specials and is a good starting point: http://www.usnews.com/articles/business/2008/12/23/where-to... read more
Is it okay to exchange a Christmas gift from a friend right after the holiday to receive a monetary refund? 8 AnswersI think it's okay, and I've had to adapt to this mindset. I used to think it was insensitive and rude (my mom's voice in my head!). But in my husband's family, ... read more
Is it acceptable to give Christmas gifts after December 25th? 20 AnswersTaking advantage of after-Christmas sales is a great way to save money, especially in the current economy. If your family is pragmatic enough to wait an extra d... read more
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